It's worse. Much worse.

It's also an economy of swindling everyone else so that they take up your debt for you but then you realise that now you can take on even more debt and everyone is in it with you so those who might have held you to your debt now prop you up and have your back. You own them now and only you and your friends get to play this game, the rest get to play the side quests but if they get anywhere near what you're doing... It's money laundering.